6425 Penn AvePittsburgh, PA 15206

Property Details for 6425 Penn Ave

Lot size

0.57 AC

Property type

Hospitality properties

Property subtype

Hotels

APN

125-J-2

APU

125J2

Description

Bakery Square offers exceptional retail leasing opportunities in the vibrant heart of Pittsburgh's East End. This dynamic mixed-use development, originally a Nabisco bakery, has been thoughtfully revitalized into a thriving hub for commerce and community. The property boasts a unique blend of historic charm and modern, green construction, creating a truly distinctive atmosphere. Multiple tenancy options are available within this curated gathering place, attracting market-leading retailers and a diverse clientele. Located in Allegheny County, Bakery Square benefits from its central position, providing easy access to a large and affluent population. The development is not just a shopping center; it's a destination, incorporating next-generation workspaces, stylish hotels, and contemporary residences, creating a high-traffic environment ideal for retail businesses. This ensures a consistent flow of potential customers for your business. The property's history adds character and appeal, while its modern amenities and sustainable design offer a forward-thinking environment. Whether you're seeking a flagship location or a smaller space, Bakery Square provides a unique opportunity to establish your business in a thriving and highly desirable area of Pittsburgh. Contact us to learn more about available spaces and leasing options.

• CAP approach

  CAP return

  Valuation

  6%

  $6,733,358

  6.5%

  $6,215,407

  7%

  $5,771,450

• Comparable approach

  Method

  Valuation

  Relative Method

  $11,702,778

  Geo Method

  $11,702,778

• Alternative Use

  Use

  Valuation

  Residential

  $6,785,419

  Hospitality

  $6,215,407

  Educational

  $5,171,146

  Medical

  $5,348,990

  Retail

  $8,044,004

Location Insight

City

Pittsburgh

County

Allegheny

State

Pennsylvania

Latitude

40.4567

Longitude

-79.9148

CBSA code

38300

CBSA name

PITTSBURGH, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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